Supply Chain Management Midterm Exam Questions ❲LIMITED · 2026❳

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(10 marks) Single-period Newsvendor A retailer sells seasonal product with normally distributed demand mean 1,200 units and standard deviation 300 units. Selling price is $25, salvage value $5, and purchase cost $10. Find the optimal order quantity and the probability of stocking out. (Show steps and any z-value used.) supply chain management midterm exam questions

• Push (Speculative): Based on forecast. Used for low uncertainty products (Toilet paper, dry goods).
• Pull (Reactive): Based on actual demand. Used for high uncertainty (Fast fashion, iPhones).
• Trap: Students often say "Amazon is pull." Actually, Amazon uses a hybrid: Push to the regional warehouse, Pull to the front door.

Mastering a Supply Chain Management (SCM) midterm requires a blend of conceptual understanding and quantitative precision. This guide covers core topics, typical question formats, and detailed examples to help you prepare effectively. Core Topics for Midterm Preparation Ready to create a quiz